China blitzing us on renewable energy investment

When will Australia wake up to the Chinese?   They are storming ahead with investment in renewable energy.  Over 20% of all investment in renewable energy is in China.  Last year, they invested US$50 billion.  $10 Billion up on the year before.  How much did Australia invest?  US$ 1 Billion if we are lucky.  And, yes, China's economy is bigger than ours, but only 10 times bigger.  We need to quadruple our investment in renewable energy if we are to just keep pace with China.  Which, of course, we won't do, which will leave us dependant, yet again, on overseas technology and manufacturing.  We really are the dumb country that just digs dirt out of the ground and can't even be bothered to kill our sheep and cattle, prefering to ship them live instead.  What ever happened to the concept of 'value add'??